| South India cotton yarn prices tumble amid geopolitical tensions
16 Apr 24 3 min read
Insights
- Cotton yarn prices are falling in south India due to global market uncertainties stemming from Iran-Israel conflict.
- Despite a surge in India's textile exports, buyers are holding back, expecting further price declines.
- In Gujarat, cotton prices also dropped, influenced by slow demand and fluctuating ICE cotton rates.
- Overall, market sentiment is bearish.
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